Reinsurance Group (RGA) is a Great Momentum Stock: Should You Buy?

Group 1: Momentum Investing Overview - Momentum investing involves following a stock's recent trend, with the aim of buying high and selling higher, capitalizing on established price movements [1] - The Zacks Momentum Style Score helps define momentum characteristics, with Reinsurance Group (RGA) currently holding a Momentum Style Score of B [2] - Style Scores complement the Zacks Rank system, which has a strong track record of outperforming the market [3] Group 2: Reinsurance Group (RGA) Performance - RGA shares have increased by 3.83% over the past week, outperforming the Zacks Insurance - Life Insurance industry, which rose by 1.46% [5] - Over the last quarter, RGA shares rose by 11.11%, and over the past year, they increased by 59.75%, while the S&P 500 only moved 8.32% and 20.21%, respectively [6] - RGA's average 20-day trading volume is 396,939 shares, indicating a bullish sign with rising stock prices [7] Group 3: Earnings Outlook for RGA - In the past two months, four earnings estimates for RGA have been revised upwards, with no downward revisions, boosting the consensus estimate from $20.66 to $21.11 [9] - For the next fiscal year, four estimates have also moved upwards, indicating positive sentiment [9] - RGA is rated as a 2 (Buy) stock with a Momentum Score of B, making it a promising near-term investment [9]